Solana Price Analysis: $SOL Shows Stability Today, Eyeing on Key Resistance Levels
Solana ($SOL) is experiencing a relatively stable price movement with less volatility. In this respect, its current price shows a slight 0.77% increase over the past 24 hours. This stability reportedly comes after a significant surge yesterday, when the price jumped from around $121.3 to $135.14. In line with the last candlesticks, $SOL is seemingly establishing an upward trajectory.
$SOL Price Value
At present, Solana ($SOL) is trading at $135.66. This shows a nearly 0.77% price change over the past twenty-four hours.
Statistical Data of Solana ($SOL)
SOL’s statistical data is the following:
- Market Cap: the current market cap of $SOL is $69,103,665,603.44
- Volume: $1,782,514,872.57 is SOL’s 24-hour volume
- Supply: The circulating and cumulative supply of $SOL account for 509,928,977.02 SOL and 596,339,817.65 SOL respectively
Solana Price Analysis
The day started with $SOL trading at $135.01, and it is still changing hands at around the same price level with minor fluctuations. At the moment, the price of Solana ($SOL) is $135.66. However, on March 14th, a significant price spike from $121 to $135 contributed a lot to maintaining the ongoing price stability. Moreover, recently, the SOL surged to $136.48 but instantly dropped and is currently endeavoring to rise above the respective price level.
During the previous 24 hours, a slight price change has occurred, indicating an increase of 0.77% in SOL’s price. In this respect, the crypto coin is moving in a narrow and stabilized price range.
Solana’s Support and Resistance Levels:
Currently, the immediate resistance level for $SOL stands at $136.48. Additionally, $139.72 and $178.63 serve as the next resistance level.
Simultaneously, $132.55 is SOL’s immediate support level. Apart from that, $113.18 and $110.06 are the subsequent support levels.
$SOL Price Prediction
In line with the recent price surge and the current attempts for price upturn, $SOL can potentially rise above the $136.48 mark in the near future. Along with that, if the ongoing gradual price spike sustains, Solana can potentially reach $149.65 within 1 month from now.
This price increase reportedly accounts for a massive 10.46%. However, to ensure that surge, Solana first needs to surpass the 2 resistance levels of $136.48 and $139.72. Surging past these levels could pave the way for Solana’s movement toward new price highs.
The Courtyard NFT Collection Tops in Sales Despite Market Decline
The Courtyard NFT collection leads with $11.25M in sales as Bitcoin and Ethereum NFTs face sharp mar...
Dogecoin Price Set For Major Rebound With Stock RSI Crossover, Bullish Favor Shifts To FloppyPepe
Dogecoin price is set for major rebound as Stock RSI crossover signals breakout. However, bullish fa...
VitaminAi Partners with PathPulse.ai to Redefine Urban Mobility
VitaminAi has partnered with PathPulse.ai, collectively enhancing urban mobility with AI-driven insi...